PERSHING SQUARE HLDGS LTD (7P2.BE)

Berlin - Berlin Delayed Price. Currency in EUR

Add to watchlist

48.10

-0.10

(-0.21%)

At close: 09:50PM CEST

Loading interactive chart...

Fortune
Billionaire Bill Ackman is about to get $4 billion richer as his hedge fund Pershing Square expects a funding round at a premium valuation
Pershing Square could go public as soon as 2025.
Fortune
Bill Ackman selling 10% of Pershing Square in deal that values hedge fund at over $10 billion
Pershing Square, founded in 2004, also is considering an IPO that most likely wouldn't happen until 2025 at the earliest.
Reuters
Ackman's Pershing Square raising $1 billion, eyeing IPO, source says
(Reuters) -Billionaire Bill Ackman's hedge fund Pershing Square Capital Management is finalizing a roughly $1-billion funding round with institutional investors and family offices as well as eyeing an initial public offering (IPO) in the future, a source familiar with the matter said on Friday. Investors are valuing the firm, which has $16.3 billion in assets, at $10.5 billion, the source added. The Wall Street Journal reported earlier on Pershing's funding round and IPO plans.